Question
Cisco Inc. reported the following in its income statement for the year ended July 26, 2008: Basic earnings per share of $1.35 and diluted earnings
Cisco Inc. reported the following in its income statement for the year ended July 26, 2008: Basic earnings per share of $1.35 and diluted earnings per share of $1.31. 5,986 million weighted average shares were outstanding during the year. What approximate net income, did the company report for 2008?
| a. | $15,923 million | |
| b. | $7,842 million | |
| c. | $8,081 million | |
| d. | $7,962 million |
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Financial Accounting
Authors: Robert Libby
6th Edition
0077405641, 978-0077405649
